Yesterday, the High Court also dismissed AIA's counter-claim that the Ongs had conspired with Low to defraud the insurer.

It found AIA vicariously liable for the fraud and awarded the couple $1,597,250.69 with interest.

The court found that in the present case, the relationship between Low and AIA was capable of giving rise to vicarious liability, which refers to insurers' responsibility for the conduct of their agents.

This is because there was a close connection between Low's fraud and her relationship with AIA, it said.